Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

The following activity related to product warranty liabilities was recorded in Accrued expenses during the years ended December 31, 2023 and December 31, 2022:


(in millions)	2023		2022
Balance at beginning of period	$	146.7	$	129.3
Payments	(92.4)		(63.1)

Provisions/additions for contracts issued/sold	89.9		82.7
Aggregate changes for preexisting warranties	9.3		(0.7)

Foreign currency translation	0.8		(1.2)
Acquisitions	0.3		—
Other	3.0		(0.3)
Balance at end of period	$	157.6	$	146.7

Extended Product Warranty Liabilities

The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the years ended December 31, 2023 and December 31, 2022:


(in millions)	2023		2022
Balance at beginning of period	$	112.5	$	99.5
Extended warranty contracts sold	41.8		37.0
Revenue recognized on existing extended warranty contracts	(26.9)		(23.2)
Foreign currency translation	0.2		(0.4)
Other	(0.4)		(0.4)
Balance at end of period	$	127.2	$	112.5